Average diesel price drops slightly after record high last week

The national average
price of on-highway diesel fell a cent and a half for the week ending July 18,
one week after hitting record highs.

The national average
fell 1.6 cents to $2.392 a gallon. Despite the slight decrease, that number is
still 64.8 cents higher per gallon than prices from the same week in 2004.

California continued
to post the highest prices, maintaining its average price from the week before
at $2.589. The rest of the West Coast averaged $2.53 per gallon.

The Gulf Coast
region saw both the largest decrease and the lowest average price, dropping 2.4
cents to $2.331 a gallon.

New England posted
the second highest average price of $2.535, while the Lower Atlantic finished
with the second lowest average at $2.354. The East Coast region dropped 1.5
cents to an average price of $2.412 a gallon, while the Central Atlantic region
averaged $2.521.

Prices in the
Midwest dropped to $2.361, while the Rocky Mountain region had an average of
$2.430.